FAASTEIN AS

1344 HASLUM

Finances

Return on Equity

41,37 %

Current Ratio

2,09

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 205 000	1 205 000	475 000	400 000
Net Income	307 000	206 000	−378 000	−378 000
Total Assets	1 056 000	2 109 000	1 969 000	2 230 000
Total Equity	742 000	435 000	229 000	607 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 205 000	1 205 000	475 000	400 000
Expenditure	979 000	965 000	507 000	451 000
Operating Profit	226 000	239 000	−33 000	−51 000
Financial Income	119 000	49 000	37 000	17 000
Financial Costs	24 000	82 000	382 000	344 000
Financial Balance	95 000	−33 000	−345 000	−327 000
Earnings Before Tax	321 000	206 000	−378 000	−378 000
Tax	14 000	0	0	0
Net Income	307 000	206 000	−378 000	−378 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	567 000	871 000	1 577 000	1 569 000
Total Current Assets	488 000	1 238 000	392 000	661 000
Total Assets	1 056 000	2 109 000	1 969 000	2 230 000
Total Retained Equity	−352 000	−659 000	−865 000	−488 000
Total Equity	742 000	435 000	229 000	607 000
Total Long-Term Debt	79 000	1 443 000	1 535 000	1 521 000
Total Current Debt	234 000	230 000	205 000	102 000
Total Equity and Debt	1 056 000	2 109 000	1 969 000	2 230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 205 000	1 205 000	475 000	400 000
Other Income	0	0	0	0
Revenue	1 205 000	1 205 000	475 000	400 000
Cost of Goods Sold	0	0	0	0
Salary Costs	853 000	866 000	452 000	392 000
Depreciation	6 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	979 000	965 000	507 000	451 000
Operating Profit	226 000	239 000	−33 000	−51 000
Financial Income	119 000	49 000	37 000	17 000
Financial Costs	24 000	82 000	382 000	344 000
Financial Balance	95 000	−33 000	−345 000	−327 000
Dividends	0	0	0	0
Net Income	307 000	206 000	−378 000	−378 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	16 000	0	0
Total Tangible Assets	10 000	16 000	0	0
Total Fiancial Fixed Assets	557 000	855 000	1 577 000	1 569 000
Total Fixed Assets	567 000	871 000	1 577 000	1 569 000
Stock	0	0	0	0
Total Investments	16 000	21 000	177 000	558 000
Cash, Bank	459 000	1 205 000	211 000	103 000
Total Current Assets	488 000	1 238 000	392 000	661 000
Total Assets	1 056 000	2 109 000	1 969 000	2 230 000
Total Equity	742 000	435 000	229 000	607 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	79 000	1 443 000	1 535 000	1 521 000
Creditors	10 000	12 000	0	0
Unpaid Taxes	115 000	116 000	147 000	49 000
Dividends	0	0	0	0
Other Current Debt	96 000	103 000	57 000	53 000
Total Current Debt	234 000	230 000	205 000	102 000
Total Equity and Debt	1 056 000	2 109 000	1 969 000	2 230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,37 %	47,36 %	−165,07 %	−62,27 %
Debt-to-Equity Ratio	0,11	3,32	6,7	2,51
Operating Profit Margin	18,76 %	19,83 %	−6,95 %	−12,75 %
Current Ratio	2,09	5,38	1,91	6,48
Quick Ratio	2,09	5,38	1,91	6,48
Equity Ratio	0,7	0,21	0,12	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %